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Money buys you voting rights in some proof-of-stake implementations that give governance rights to stakers. Ethereum's doesn't do that. Its stakers have no more
by DennisP 4y ago
Money buys you voting rights in some proof-of-stake implementations that give governance rights to stakers. Ethereum's doesn't do that. Its stakers have no more governance rights than miners.
- anonporridge 4y agoExcept Ethereum is planning to eliminate miners and move to proof of stake.
- drdeca 4y agoThey were talking specifically about the Proof of Stake model that Ethereum is working on moving to. They were saying that, while some proof of stake chains may use stake for governance, that the protocol for proof of stake intended for use in Ethereum, does not grant any governance roles. Just like, block proposal?